BSA Investigator II at Wintrust Financial Corporation

Posted in General Business 10 days ago.

Type: Full-Time
Location: Rosemont, Illinois

Job Description:

Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.

The BSA Investigator position is responsible for in-depth suspicious activity investigations that are escalated from the alerting and monitoring processes.  Coverage includes enterprise-wide review of our accountholders and their transactions: looking for unusual or suspicious activity; investigating potential suspects and provide adequate documentation of identified cases; and is responsible for the completion and filing of suspicious activity reports when appropriate.  The position supports the overall BSA compliance efforts as required under the Bank Secrecy Act and the Bank’s BSA/AML/ USA Patriot Act and OFAC Compliance Program and Procedures.

This is a hybrid work environment.


Job Responsibilities:

- Identify, research, and report potentially suspicious activities through our Actimize monitoring program or through other referral sources.

- Using strong investigative/analytical skills, be able to formulate and clearly articulate a supportable rational behind the decisioning of case investigations.

- Ability to communicate professionally with internally lines of business to obtain additional documentation and provide action items leading to case resolution.

- Maintain confidentiality of reports and documentation as required by law.

- Provide other assistance as requested to the BSA/AML Officers in the daily responsibilities of managing the Bank’s BSA/AML and OFAC Compliance Program. 

- Review legal requests and conducts account reviews from a BSA/AML/USA Patriot Act perspective


Preferred Experience:

- 2-3 years BSA/AML experience and 1-2 year banking experience

- Working knowledge of various laws, regulations and guidance as it relates to BSA, AML and OFAC

- Ability to work in a fast paced environment

- Strong communication, problem solving, and time management skills

- Experience with Actimize or other BSA/AML monitoring system preferred

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

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